Tonchidot Raises $12M Series B

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Tonchidot

B Round: $12,000,000

Founded: 08/2008
Industry: Mobile

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Tokyo, Japan — Tonchidot, the leading mobile augmented reality (AR) platform provider and maker of the popular Sekai Camera application for iPhones raised a $12 million Series B funding from fellow Japanese VC firms. The funding came from mobile giant KDDI Corp., Recruit Co. Ltd., and media enthusiast SPiRE and JAFCO VC Firm.

“We’re seeing tremendous opportunity evolving for mobile gaming globally,” said Osuke Honda, Tonchidot Series A investor and DCM Partner. “The first wave of mobile gaming innovation started in Japan, the world’s most advanced market for mobile services, with Japanese social gaming companies like GREE and DeNA. The second wave, which is currently gaining traction in the US, came with popular location-based companies like Foursquare and Booyah. We firmly believe that Tonchidot, with their new augmented reality social gaming platform, will drive the third wave of mobile gaming innovation globally.”

 
Funding

Funding Total: $12,000,000

Round Date Amount Pre Amount Post Amount
B 09/2010 $12,000,000
Investors: KDDI, Recruit Co., Spire, JAFCO Ventures

See all fundings here

 
Founders

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